Whether you’ve moved to Australia for good, or are working Down Under and plan to head back to Blighty one day, you may still need to transfer funds to the UK. This could be to transfer rental income from a property, or it might be to maintain a home in the UK or send money to a child or grandchild studying in the UK. Whatever your reason for sending money back to the UK, using a foreign exchange specialist rather than your high street bank could make a significant difference to the amount of sterling that arrives in your account.

This is not only because you will have the benefit of great exchange rates and low transfer fees, but also you will be provided with expert market guidance and specialist services to help you make the most of your money.

A specialist can talk you through the transfer process and their in-depth market knowledge can help you mitigate the risk of the unpredictable foreign exchange market and potentially protect against rate volatility.

Another aspect to consider, particularly if you’re making regular payments to and from the UK, is how the transfers take place. As well as dealing with foreign exchange specialists over the phone, you should be able to make transfers online and even set up automated regular payments to cover, for example, a mortgage payment or property maintenance costs. Once you understand your alternatives, it becomes much easier to make the most of your money when repatriating funds.

moneycorp is a foreign exchange specialist company, offering great rates and a range of services delivered online and over the phone.

Get started with moneycorp It’s free to register for a moneycorp account and you can do this online by clicking here

It only takes a few minutes to register – you can then start saving money on your overseas currency transfers. Once registered, you will be assigned an Account Manager who will be your main point of contact and they can provide quotes and information on the Australian dollar as and when you need it.

Moneycorp is a reference to TTT Moneycorp Pty Limited which is registered in Australia (business number 116612858). Its principal place of business is Level 15 Exchange Tower, 2 The Esplanade, Perth WA 6000, Australia. TTT Moneycorp Pty Limited is authorised to deal in foreign exchange contracts and buy/sell quotes to retail and wholesale clients as an Authorised Representative (reference number 445555) of Rochford Capital Pty Limited (AFSL License No. 361276).